News

Cross-border Payments
Bank of America Says the Future of Cross-Border Payments Is Transcontinental Transparency
August 07, 2023

The promise of technical innovations to transform legacy workflows is an easy one to understand. But implementing it successfully across entrenched workflows and processes is a little bit harder — particularly when those programs relate to the complex world of cross-border payments. “If I had...

eCommerce
Functionality, Flexibility and Features: The Three F’s That Give Subscription Commerce an A
August 07, 2023

For eCommerce merchants, if you aren’t first, you might as well be last. While not a golden rule, in today’s fast-evolving environment, the quote rings truer than it otherwise would. The pace of digital innovation has rapidly transformed the behavioral expectations of consumers, putting the...

Payment Methods
Today’s Payments Renaissance: How Alternative Methods Improve Conversions
August 07, 2023

In today’s operating environment, every little bit counts more than ever. And businesses aren’t shy about asking for it. “One of the universal truths about what we are always asked by clients is, ‘Can I pass this fee on to my customer? Can I pass...

Social Commerce
Musk vs Zuckerberg Cage Fight Will Stream on X
August 06, 2023

If you want to watch Elon Musk fight Mark Zuckerberg, you’ll need an X account. Musk said Sunday (Aug. 6) that his planned and still unscheduled cage fight with the Facebook founder/Meta Platforms CEO will stream live on his social media platform, formerly called Twitter.  The two multibillionaires...

B2B Payments
LogiNext Launches Payment Module That Helps Enterprises Select Carriers
August 04, 2023

LogiNext has launched a payment module that helps enterprises select carriers and manage payments. The new module facilitates better decisions in choosing carrier partners by comparing the charges of different carriers and drivers via rate charts that are enabled by artificial intelligence (AI) and automation,...

Retail
Sally Beauty CEO: Gen Z Adopts BNPL, Boosts eCommerce Sales by 7% 
August 04, 2023

In a landscape marked by economic uncertainty, Sally Beauty is witnessing an interesting shift in consumer spending patterns.  During the third quarter, Sally Beauty announced that the inclusion of the Klarna buy now, pay later payment option has led to an increase in average order value, while...

Retail
Etsy Isn’t the Go-to Destination It Wants to Be as Consumers Prioritize Essentials
August 04, 2023

In the realm of economics, few phenomena wield as much influence over consumer behavior as inflation. This relentless upward march of prices alters the very fabric of purchasing patterns, compelling consumers to reassess their spending priorities. While niche and unique products typically find favor among...

eCommerce
TikTok Eyes Indonesian Payments License to Boost eCommerce Business
August 04, 2023

TikTok is reportedly in early-stage talks with Indonesian regulatory authorities to obtain a payments license. The ByteDance-owned social media platform’s application has been favorably received by Indonesia’s central bank, Reuters reported Friday (Aug. 4). A payments license would enable TikTok to benefit from transaction fees and would help local...

Artificial Intelligence
LLMs Are Taking Generative AI to a Higher Level
August 04, 2023

LLMs are paving the way for innovative new AI products across sectors such as healthcare, law and finance, but all this innovation comes at a price, ranging from the cost of computing power to the societal toll of displacing workers and spreading misinformation. The “Generative...